CALGARY,
AB, Feb. 7, 2024 /PRNewswire/ - Parkland
Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI)
today is pleased to announce the appointment of investment banking
executive, James Neate to its Board
of Directors (the "Board"), effective February 10, 2024.
"James is a seasoned executive with significant expertise
working within the many markets that Parkland serves," said
Steven Richardson, Chairman of the
Board. "His international banking expertise coupled with his
understanding of markets in Canada, the Caribbean and South
America is invaluable to Parkland. James' ability to provide
strategic insight into global growth opportunities will add
additional bench strength to our Board as we continue to advance
our strategy to deliver long-term value to all shareholders. We are
delighted to welcome James to our Board."
Mr. Neate's career spans more than three decades in the Canadian
banking industry at Scotiabank. In his time, he held increasingly
senior roles, with his most recent as President and Group Head of
Corporate and Investment Banking. In this role, he held global
management responsibility for Investment Banking, Global Business
Payments, and Corporate Banking.
Mr. Neate's appointment forms part of Parkland's strategic Board
renewal process that has been ongoing for the past 12 months and
added three highly experienced directors to Parkland. Collaborating
with two global search firms, Parkland has been adhering to a
prudent refreshment of its Board, blending continuity with fresh
perspectives to ensure a governance structure that supports
Parkland's long-term objectives.
About Parkland
Corporation
Parkland is an international fuel distributor, marketer, and
convenience retailer with operations in 26 countries across the
Americas. We serve over one million customers each day. Our vast
retail network meets the fuel and convenience needs of everyday
consumers. Our commercial operations provide businesses with
industrial fuels so that they can better serve their customers.
With approximately 4,000 retail and commercial locations across
Canada, the United States, and the Caribbean region, we have developed supply,
distribution, and trading capabilities to accelerate growth and
business performance.
In addition to meeting our customers'
needs for essential fuels, we provide a
range of choices to help them lower their
environmental impact. These include carbon and renewables
trading, solar power, renewables manufacturing and
ultra-fast EV charging. Parkland's proven business model is
centered around organic growth, our supply advantage, and is driven
by scale, our integrated refinery and supply infrastructure, and
focus on acquiring prudently and integrating successfully.
Our strategy is focused on developing our existing business in
resilient markets, growing our food, convenience, and renewable
energy businesses, and helping customers to decarbonize. Our
business is underpinned by our people, our values of safety,
integrity, community, and respect, which are deeply embedded across
our organization.
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SOURCE Parkland Corporation